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VOC – Big Park AZ 86351 – August Market Report – 2017

Sheri Sperry August 17, 2017

How’s The Market Doing?

Homes For-Sale

VOC – Village of Oak Creek – Big Park – Pine Valley

Sedona Arizona 86351

August 2017 ~ REAL TIME Market Report & Analysis

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Oak Creek Country Club Golf homes

Homes On Golf Course – Returned 9 Results – Sedona Arizona 86351 – (+1)

Learn More About Big Park – VOC –  Sedona AZ 86351

Courtesy of Sheri Sperry 


Coldwell Banker Residential Brokerage

Big Park VOC April Market Report Sheri Sperry Coldwell Banker Sedona Realtor

 Check out the most current monthly reports in the Sedona Verde Valley at


Sedona Arizona 86351 Homes For-Sale

Report 8/14/17
Big Park (VOC) Market Report



August ’17 Big Park VOC MARKET HOME ANALYSIS – First of all, these are real time charts that tell us “How the market is doing”. See the definition of Market Action Index above. Altos Research uses a complex algorithm to provide the MAI.

VOC, Village of Oak Creek or Big Park also known as Sedona 86351 is the bedroom community of Sedona. It is located 20 minutes from the city center off highway 179. There are two zip codes in Sedona, 86336 and 86351. People choose this side of town because there is less traffic, good hiking trails, and a buyer can get more home for the same amount of money as Sedona 86336. It is also closer to the SR 179 for those who travel a lot.

These VOC Market Reports will highlight 86351

In this zip code, you will find a majority of single family homes nestled between some red rock formations. Bell Rock, Courthouse Butte, Castle Rock and the back side of Cathedral are the most notable of the formations. You will also find more than a couple of golf courses including an executive 9 hole course. Even though there is some shopping, entertainment, restaurants, and lodging. The majority of the zip code has more affordable housing than the zip code of 86336.

Always use the median price to track trends. The median means that half the homes are higher and half are lower. If the highest priced home is well over a million dollars this will drive the average price of homes up substantially. Average price is not a good indicator of how the market is doing.

Characteristics By Quartile


August ’17 – VOC Sedona AZ 86351 Homes For-Sale




Select Links Below To See Sedona Single Family Homes In Each Price Range 


There are 9 VOC homes for sale (currently) priced at $1 million and over – (+1)

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$575,000 to $999,999 returned 20 VOC homes for sale – (-4)

$400,000 to $574,999 returned 25 VOC homes for sale – (-3)

$399,000 and under returned 25 VOC homes for sale – (-7)

The listings above can change at any given time based on homes being added or subtracted from the Multiple Listing Service (MLS).

Supply and Demand – (VOC) Sedona 86351

How the Market is Doing 

Median Price 

The Median Price has decreased $549,000 to $531,450. This is the second month in a row there has been a decrease! The brackets are mixed. 

Interactive chart below will continue to show current market information


Large Chart



Inventory is down. The inventory started to rise and has again dropped 14 homes. Adding to that, the market is down significantly from 1 year ago. 


 Interactive chart below will continue to show current market information

Large Chart


Days On Market (DoM)

The properties in VOC – Big Park and Pine Valley have been on the market for an average of 190 DoM. Up over 6 weeks from June. Overall there is a little over 6.3 month supply of homes on market. The top bracket is up almost 17 weeks or 11 months supply. However the bootom tier is only at a 13 week supply. This is definitely in the seller range. 


Interactive chart below will continue to show current market information


Large Chart

Buyer or Seller Market? (MAI)

The Market Action Index – The MAI continues to trend higher into the seller range at 31.4.  However, the top bracket is not in the seller zone. There have been only 2 months where the top quartile moved into the seller zone.  There is such low inventory in the 86336 zip (Chapel area, Uptown and West Sedona that buyers are moving into the VOC area to purchase a home. There are buyers waiting for homes in West Sedona rather than moving to the Big Park market.  Even though the Big Park area is in a seller range, buyers may be able to negotiate with sellers because of the West Sedona demand. 


Interactive charts below will continue to show current market information

Large Chart


Bottom Line

The Market Action Index is trending higher, showing the market is comfortably in the seller zone. Overall the real estate market for Village of Oak Creek continues to have very low inventory. The inventory will have to continue to rise, to trigger a pricing weakness.

 A buyer may be able to find some homes that the seller is willing to negotiate.  The reason some homes are stale is because the seller is not willing to drop the price of the home. Keep that in mind when negotiating. 

As the market enters the Fall selling period, we could see even more of an upward price push. 

Luxury Market

One note: The Luxury Market has a price point of $930,000 for the top 10%. This figure is based on the last 6 month’s of sold listings for all of Sedona. The top 10% of active listings (which is different from sold listings) is at $995,000 for the Village. – This just gives you an idea of how the active market compares to the sold market.

The Sedona Luxury Real Estate Professionals which Sheri Sperry is a past-president uses the definition above for defining a luxury listing. The Luxury Market is measured using 86336, and 86351 zip codes.


To learn more about these market reports please visit on my website or click on the MAP below for a quick look of each market. You can sign up for a weekly update right on the map by clicking the map marker

 Visit Market Stats on my website or contact me with questions.
Reports are generated weekly on Mondays

*Please Note: As new listings hit the market and homes close or fall off, the number of Sedona homes for sale will fluctuate daily based on the Multiple Listing Service (MLS) detail. The local MLS for this area is Sedona Verde Valley Association of Realtors (SVVAR)

ABOUT ME: “Many buyers and sellers are skeptical about salespeople. So am I! But, I am not a typical salesperson. I put myself in your shoes and help you make decisions based on how I would want to proceed if I were you. In other words, what steps would I take and what is right for you? How will this transaction be beneficial for you? How will it help you move forward with your goals? How can I make it as smooth and pleasant as possible? What is in your best interests as we move forward?

Let’s face it, you won’t really know that I am not a typical salesperson until you get to know me. I am confident you will feel at ease and comfortable knowing I can find solutions for you. If you don’t feel that way, please let me know. I want to be the best I can for you.”


I am YOUR Solutions REALTOR®” ~ Sheri Sperry

Disclaimer: Listing information deemed reliable but not guaranteed – SVVAR Broker

Sedona homes for sale

A paid subscription service is provided by and Altos Research to determine “How the active market is doing”. This Market Report is for single family residential only. No other housing segment is being analyzed. Analysis of Market Research and trends are based on opinion, experience, past & current statistics and other information. It is deemed reliable but not guaranteed.


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